It is reported that the global spectrum analyzer market is expected to approach 1.75 billion dollars by 2020; CAGR will reach 8.48% from 2016 to 2022.

The growing wireless technology market, the increasing demand for spectrum analyzers with multi task processing capabilities, and the innovation of spectrum analyzers brought by technological progress are the main factors driving the growth of the spectrum analyzer market.

According to the survey results recently released by the American consulting company Markets and Markets, other factors include significant progress in bandwidth and spectrum, as well as the growth trend of the portability of the spectrum analyzer market.

The necessity of developing infrastructure that meets LTE, LTE-A, 4G, 5G and other advanced technologies will enable the telecommunications industry to become a major end-user of spectrum analyzers from 2016 to 2022.

According to the report, the market of spectrum analyzer above 18GHz is expected to reach a high growth rate from 2016 to 2022.

They are widely used in most high-end industries, such as national defense, IT&telecommunications, and measurement and test systems in the high frequency range (18GHz to 85GHz).

As the Asia Pacific region pays more and more attention to the automotive, telecommunications and healthcare industries, the demand for spectrum analyzers in the region is also very strong.

In addition, the Asia Pacific region is also a major market for semiconductor, electronics, medical and many other industries.